Watch Distance is always off on Indoor use - can it be calibrated?

I have the latest Apple Watch (7 GPS) and I use the Fitness App.

Is there a way to calibrate the distance and pace my watch calculates in the Fitness App when I am using indoor workout equipment like a treadmill, eliptical, or stationary bike? I have the distance, pace, and calorie burn information from those machines and my watch is always getting a completely different data set. Usually, the pace is off by alot (i.e., a 13 min mile is 16 min) and the total distance is usually off by quite a bit as well (ie.., 3 miles measure out to 2.6miles). I assume you need to define what a stride distance is somewhere for running and walking, but I dont see anywher in the ap to do that?

B